|
|
From Sagar Chakraverty, Opalesque Asia:
Sharpe Investments, a Cayman Island-domiciled international hedge fund firm, saw single digit positive returns in all of its three products for 2009.
2009 was a challenging year for the managed futures fund, sharpe.futures, which still managed to gain 6.06% that year. "This extremely pleasing performance, in comparison with our peers, was made possible by our automated trading system which we have developed over a long period of time and which, particularly in this specific phase, proved itself as highly competitive," explains Georg Reiter, managing director of sharpe investments ltd. "Owing to the ideal size of the fund, we are able to deal in all liquid markets and this allowed us to achieve an outperformance, something we also intend to do in the future."
The sharpe.systems fund, which applies a dynamic allocation model, went up 5.34% in 2009. The basic assumption with this model is that in the short-term, weaker performing assets are weighted stronger than well-performing ones. When the prices return to their long-term trends, the weighting is adjusted accordingly.
Nonetheless, Jan-10, started on a negative note for these hedge funds. The managed futures fund was down 4.36%, while the systems fund was down 0.15%.
The month of January saw negative results because of losses in the energy markets and stock index strategies. The meat and metal markets also impacted the performance negatively...................... To view our full article Click here
|
|
RSS
